Transcript Highlights:

• 00:45:46.319> March<00:45:46.640> 2026,<00:45:47.520> State<00:45:47.760> Capital
• ,<00:45:48.319> Denver, of March 2026, State Capital, Denver, of March 2026, State Capital
• District 7 day members, today is House District 7 day at<00:51:21.200> the<00:51:21.280> capital
• 21.760> a<00:51:21.920> part<00:51:22.000> of<00:51:22.079> my at the capital
• It's a part of my at the capital.

Keywords: 981, all

Transcript Highlights:

• Chairman, this is a significant bill that has to do with capital cost recovery, essentially rates for
• The bill also adds an expiration date for this new capital cost recovery mechanism of 2035, 10 years
• Chairman, this is a significant bill that has to do with capital cost recovery, essentially rates for
• The bill also adds an expiration date for this new capital cost recovery mechanism of 2035, 10 years
• Chairman, this is a significant bill that has to do with capital cost recovery essentially rates for

Summary: The Senate Committee on Business and Commerce met with a quorum and took up a long list of pending House bills, most of them on motions by Senator King or Senator Campbell. The committee adopted committee substitutes and favorably reported numerous bills, including HB 252, HB 700, HB 1500, HB 1545, HB 1562, HB 1732, HB 267, HB 2213, HB 2221, HB 2520, HB 2818, HB 3016, HB 3214, HB 3250, HB 3512, HB 3623, HB 3689, HB 3833, HB 4063, HB 4395, HB 4690, HB 4751, HB 5331, HB 3824, HB 4464, HB 4468, and HB 5247. Most of these were sent to the local and uncontested calendar, while some, including sunset and other significant measures, were reported to the full Senate. HB 146 was the only bill reported out on a divided vote, passing 6 ayes to 4 nays. Several bills received brief explanation of committee substitute changes. HB 3016, dealing with rental car collision damage waivers and stolen vehicles, was amended to change a cooperation standard from “fully cooperate” to simply “cooperate.” HB 3689, a major ESF/TWA financing bill, was described as making technical changes to align terminology with the Comptroller’s authority and to avoid creating state debt or new liability. HB 5247, a capital cost recovery bill for transmission in the Permian Basin, was revised to clarify how the new mechanism fits with existing Utilities Code provisions and to add a 2035 expiration date. HB 3824, the battery fire safety bill, also received technical changes to align terminology with industry usage. The committee heard public testimony on several pending measures. HB 3069, which would direct the PUC to develop supplemental multi-decade planning criteria for transmission certificates in ERCOT, drew support from industry, environmental, and manufacturing witnesses who said it would help address congestion costs while balancing consumer protections; the bill was left pending. HB 5196, requiring state agencies to adopt and post telework policies and use written telework agreements, received both support and concern: supporters said it would preserve productivity and retention, while a senator raised concerns about notice and family logistics; it was left pending after testimony. HB 3112, allowing closed deliberations on cybersecurity policy details, was laid out and left pending after brief discussion. HCR 102, supporting federal nuclear tax credits, drew testimony from nuclear industry and energy advocates, who argued the credits are essential for existing plants, new nuclear development, grid reliability, and U.S. competitiveness; the resolution was left pending, with discussion about whether the language should focus more exclusively on nuclear. HB 705, creating a cosmetology licensure compact, was supported by industry, employers, and compact experts as a mobility tool that preserves state authority; HB 3516, expanding a public information exemption for Railroad Commission administrative law judges and technical examiners, and HB 3388, authorizing group property and casualty coverage for personal lines, were also heard and left pending. At the end of the meeting, the committee recessed subject to the call of the chair.

Transcript Highlights:

• Upon moving here, I worked with Sante Ventures... ...a venture capital firm here in Austin, focused on
• However, we also found in the report that Texas ranks 29th in venture capital investment relative to
• SB209 would accelerate this momentum and capitalize on the exemplary research enterprise that Texas has
• My final points are that I appreciate the mention of venture capital.
• Texas leads in just about everything, and we need to ensure that we also lead in the venture capital

Bills: SB209, SB529, SB1265, SB1592, SB1728, SCR37, SCR38

Keywords: SB 529, Texas Tax Code, municipality, hotel and convention center, hotel convention center project, tourism development, economic development, tax revenue pledge, revenue commitment, qualified project, municipal finance, local government, special district, hotel occupancy tax, nearby establishments, convention center financing, city population 130000, Section 351.155, Section 351.157, child care

Transcript Highlights:

• Political subdivisions must also appoint an advisory committee and prepare a capital improvement plan
• Senate Bill 1883 requires a political subdivision considering an impact fee to make the capital improvement
• the public notice requirements for political subdivisions considering updates and amendments to the capital
• They have a capital improvement advisory committee that focuses on this.
• They also, as I mentioned, have a capital improvements advisory committee.

Bills: SB32, SB464, SB996, SB1163, SB1173, SB1277, SB1452, SB1453, SB1548, SB1882, SB1883, SB2016

Keywords: ad valorem taxation, tax exemption, franchise tax credit, income production, personal property, SB 464, school buffer zone, tobacco retailer, vape shop, e-cigarette, vaping, nicotine, tobacco products, retail permit, comptroller, Class A misdemeanor, school proximity, youth access, public school, private school

Summary: The Senate Local Government Committee heard several bills by Senator Bettencourt focused on property tax and local government accountability. SB 32 would provide about $700 million in business tax relief by raising the business personal property exemption from $2,500 to $25,000 and continuing a 20% franchise tax credit for inventory taxes paid. Witnesses from NFIB, the Texas Retailers Association, and Texas Realtors supported the bill, saying business personal property and inventory taxes are burdensome and especially hard on small businesses. After no opposition testimony, SB 32 was left pending. The committee also heard SB 1453, which would change how interest and sinking tax rates are calculated by using only the minimum debt service required under bond schedules, while still allowing a higher rate with a 60% governing body vote and a public explanation. A witness from the Texas Taxpayers and Research Association supported the bill as a way to keep debt rates from rising as property values increase and to preserve tax relief. The bill was left pending after testimony. SB 1883 would tighten rules on local impact fees by requiring 60 days of public availability for capital improvement plans and land use assumptions, raising the approval threshold for adopting impact fees from a simple majority to two-thirds, limiting how often fees can be increased, and expanding notice requirements. Builders and developers testified in support, arguing that impact fees are often poorly reviewed, lack accountability, and are passed on to homebuyers, worsening housing affordability. Committee members discussed adding audit provisions and questioned the lack of city testimony. The bill was left pending with subcommittee action. SB 1452 would require a voter election to decide whether a municipal management district continues to exist, with dissolution if voters reject it; supporters said it would add accountability, while others noted some districts provide essential services and infrastructure. The committee heard testimony from district representatives and builders, then left SB 1452 pending before recessing.

Transcript Highlights:

• /c><00:21:12.880> annex<00:21:13.880> and<00:21:14.039> the<00:21:14.240> capital
• road between the annex and the capital road between the annex and the capital so<00:21:15.200>
• Pizza<00:21:20.320> over<00:21:20.559> in<00:21:20.720> the<00:21:20.919> capital
• /c><00:21:21.279> on<00:21:21.400> the<00:21:21.520> third Pizza over in the capital
• on the third Pizza over in the capital on the third floor<00:21:22.039> I<00:21:22.120> think

Keywords: 958, all

Summary: The House Standing Committee on Veterans, Military Affairs, and Public Protection met for its third meeting of the 2025 session. After opening formalities, the committee took up House Bill 369, sponsored by Representative Hart and presented with Sean Butler of the Kentucky Police Chiefs Association and Ashland Police Chief Todd Kelly. They explained the bill clarifies KRS 95.495 regarding vacation or annual leave for police chiefs and local agencies by providing guidance on how the 15 days of leave may be administered. Representative Blandon asked whether the issue was in statute or tied to the retirement system, and Representative Moore asked whether the bill could affect officers’ ability to take time off in emergencies; the sponsors said it would not and would instead allow local policy to address those situations. The committee then voted on HB 369. The motion passed unanimously with favorable expression, with all members voting yes. Representative Wesley requested permission to explain his vote after the roll call. Following the vote, the committee shifted to a Military Kids Day recognition segment, with members and guests introducing themselves and sharing their military service backgrounds and family connections to the armed forces. The remainder of the meeting was largely ceremonial, featuring remarks from legislators, military families, and children describing their parents’ service in the Army, Air Force, Navy, Marine Corps, National Guard, and related branches. The chair thanked the families for their sacrifices, noted activities planned for the day, and recognized the Adjutant General’s wife, Miss Lamberton. At the end of the meeting, a motion to adjourn was made and seconded.

Transcript Highlights:

• <01:14:08.000> investment we held a hearing in capital investment we held a hearing in capital
• Our overall capital needs are significant.
• Our overall capital is decades old.
• Our overall capital needs<01:24:36.000> are<01:24:36.239> significant.
• :26:07.679> partnership continued capital investment partnership continued capital investment

Bills: HF3793, HF3699, HF793, HF3322, HF3426

Keywords: groundwater, water use permit, data centers, public health, environmental regulations, municipalities, state park license plate, specialty license plate, Minnesota DNR, Department of Natural Resources, license plate design contest, North Shore, Lake Superior Agate, AI-generated art, artificial intelligence, Minnesota resident, state parks, specialty plates, vehicle registration, contest requirements

Transcript Highlights:

• That is essential for continuing to advance in the Federal Transit Administration's Capital Investment
• That is essential for continuing to advance in the Federal Transit Administration's capital investment
• investment grant program. ...across the Columbia River and seeking a billion dollars through the capital
• the net toll revenues, because that represents the cash flow that's available to support upfront capital
• I'm calling with concerns regarding the capital investment grant.

Summary: The Joint Committee on Interstate 5 Bridge met remotely with Washington legislative members to receive updates on the Interstate Bridge Replacement Program, including environmental review, cost and funding, tolling, and procurement for construction. Program staff said the final supplemental environmental impact statement was published in April 2026, with a federal record of decision expected in early summer. They described the recommended design as a single-level fixed-span bridge, centered I-5 alignment, C Street ramps, one auxiliary lane in each direction, and dispersed park-and-ride parking. Members raised concerns about transparency, the closed chat function, and the decision not to include two auxiliary lanes; staff said the one-lane option was recommended through consultation with partner agencies and analysis, but the final decision would come with the record of decision. Staff also said the diversion analysis projected less than 3% traffic diversion to I-205 in 2045, though members from Oregon and Washington expressed concern about impacts to their communities and asked for more detail on mitigation and decision-making. The committee also reviewed a major cost update. Staff said the full five-mile program is now estimated at $13.5 billion to $15.2 billion, with a likely cost of $14.4 billion, up from a 2022 estimate of $5 billion to $7.5 billion, citing inflation, schedule delays, scope changes, and more detailed risk modeling. They said the first funded phase has been reduced to a $5.68 billion package focused on the Columbia River bridge replacement, connections to I-5, Hayden Island and SR-14, bridge demolition, tolling infrastructure, and advancing light rail design. Funding for that phase was described as $5.69 billion, including $2.1 billion federal funds, $1 billion from each state, and $1.5 billion in projected toll revenue. Members asked what would happen if costs rise further; staff said the estimate includes substantial contingency, the project will use progressive design-build to manage risk, and the team will continue updating the finance plan annually. A separate tolling and traffic-revenue presentation explained that four toll scenarios were analyzed using regional travel demand modeling, a toll diversion model, and a post-processing review. All scenarios assume pre-completion tolling beginning July 1, 2028, a 50% low-income discount for eligible users, and exemptions for tribal preemptions, emergency vehicles, maintenance vehicles, and organized militia. Staff said the low-income discount would affect about 4% to 6% of annual transactions and reduce annual revenues by roughly 2% to 3%. They said Scenario 2 was used for the financial analysis and is sufficient to support the $1.5 billion toll contribution in the funded phase. Members asked about toll collection costs, revenue impacts of the discount, and how the scenarios differed; staff said collection costs are expected to be in line with other WSDOT toll facilities, but exact costs are not yet set because toll rates are not final. Finally, WSDOT staff outlined procurement and delivery steps for construction. They said WSDOT will be the lead contracting agency, using progressive design-build, with a request for qualifications targeted for early July 2026, a request for proposals in October, contractor selection in April 2027, construction starting in 2028, and tolling beginning in 2028. Staff said the approach is intended to consolidate scope, reduce interface risk, and allow transparent negotiation with an independent cost estimator, while preserving an off-ramp if a fair price cannot be reached. Members asked for more detail on timing, cost allocation, and the share of the first phase funded by tolls; staff estimated tolls account for about 26% of the first phase cost.

Transcript Highlights:

• Reducing capital cost now has reached about $35.66 billion for the Merced to Bakersfield early operating
• It also enables meaningful public-private partnerships where private capital can take on risks, bring
• If you're able to raise a lot of that private capital, we talked about that earlier.
• When you go into private capital, they're going to ask you the point-blank question: How long will it
• That obviously takes significant capital up front, as we've talked about.

Summary: The Senate Transportation Committee held an informational hearing on the California High-Speed Rail Authority’s 2026 draft business plan, with testimony from the authority, the Legislative Analyst’s Office, and the High-Speed Rail Inspector General. Chair Cortese framed the hearing around the project’s recent changes: a new CEO, revised delivery strategy, loss of federal funds, renewed interest in private financing and value capture, and proposed adjustments to the Merced-to-Bakersfield segment. He also raised concerns about statutory compliance, transparency, and whether the draft plan fully reflects required elements and true costs and timelines. Authority CEO Ian Chaudhry said the project has made substantial construction progress in the Central Valley and is moving toward track installation, with the state’s $1 billion annual cap-and-invest funding providing a stable base. He argued the plan uses design optimization, direct procurement of materials, and revised sequencing to reduce costs and support an early operating segment by about 2032-33. He also promoted broader commercialization of the corridor through real estate, energy, broadband, logistics, and public-private partnerships, saying private sector interest is now real. Several senators pressed him on station locations, tax increment financing, utility relocation authority, permitting delays, transparency, and whether the project can realistically reach Los Angeles and San Francisco on the current timeline and budget. The LAO and Inspector General were more skeptical. LAO analyst Helen Kirstine said the draft plan assumes major scope changes, including a shorter segment, a Merced station outside downtown, more single-tracking, and several statutory changes that have not yet been enacted. She warned that the plan may not comply with recent legislative requirements, that funding may still be insufficient even for the reduced segment, and that borrowing against future cap-and-invest revenues is risky because those revenues are uncertain and volatile. Inspector General Ben Belknap said the draft plan fails to comply with newer statutory requirements, especially regarding the Merced-to-Bakersfield scope, the funding plan, and missing procurement milestone dates. He said the presentation obscures cost increases and schedule delays and limits the Legislature’s ability to compare current estimates with prior reports. Committee members generally supported continued oversight and some form of project delivery reform, but several expressed concern that the plan relies on legislative changes that have not been approved and on private financing that may not materialize. Chaudhry said the authority would address the Inspector General’s findings in the final business plan and continue to pursue federal grants, private capital, and corridor commercialization. No vote was taken at the hearing.

Transcript Highlights:

• Plus, there was some money in Canada. capital that we've been working with DFA to make sure that we are
• We've been sitting and reviewing and taking a very deep dive into the capital pieces.
• We also requested $5 million in capital outlay because the next slide.
• One is the ARPA Capital Projects Fund with the U.S. Treasury.
• We also have the ARPA Capital Projects Fund, which was $120 million from the U.S.

Transcript Highlights:

• Withheld capital outlay this last year in FY25, I was able to free $2.9 million of capital outlay from
• Seven zero million in two years of unmet capital outlay.
• But we do again thank you for all your support in providing specials and capital outlay appropriations
• And then just one last thing, it looks like any money that gets appropriated for capital outlay for the
• So that rather than you all getting a list of many hundreds of capital requests, the regions would be

Transcript Highlights:

• It is a software specific for tax administration implementation. $3,160 th000 capital $3,160 th000 capital
• It is not capital fund program money; it is ARPA money.
• We heard a lot about your capital infrastructure.
• historically over time the capital historically over time the capital Appropriations<04:36:20.799
• million a year for a capital million a year for a capital appropriation<04:37:24.879> or<

Keywords: 928, house, all

Summary: New Hampshire Housing Finance Authority officials, led by Executive Director Rob Dapice, briefed legislators on the agency’s structure and funding. They explained that the authority is created by state law but is not a state agency, its debt is not state debt, and it is governed by a board appointed by the governor and approved by the Executive Council. The discussion focused on the Affordable Housing Fund and the lead paint hazard remediation fund, including how state appropriations and federal resources are combined to finance affordable rental housing and lead abatement work. Dapice said the Affordable Housing Fund is used as gap financing for multifamily affordable housing projects, typically alongside federal tax credits and tax-exempt bonds, and that state dollars leverage roughly 2:1 to 10:1 in additional federal and private investment, averaging about 4:1. He said the fund has received historic appropriations in recent budgets, including $30 million over the last two biennial budgets and an annual $5 million set-aside from the real estate transfer tax. He also said the fund is usually structured as 0% interest, deferred loans rather than grants, with repayments returning to the fund if projects generate cash flow. Members asked about rents, oversight, staffing, revenues, and whether the programs had added positions. Dapice said affordability restrictions generally last 30 to 99 years, rents are tied to income limits and capped so tenants pay no more than 30% of income, and compliance staff inspect properties regularly to verify income eligibility and rent limits. He said the organization has about 130 to 135 employees, down from about 145, with no new positions added because of the appropriations. He estimated total revenues at roughly $300 million, with administrative budget around $22 million, much of it pass-through grant money. On lead paint remediation, he said the state first appropriated $6 million in 2019, plus $1 million in ARPA funds, and that the program has cleared more than 500 units. He said the federal grant program is not annual or predictable, with a recent award of about $7.75 million, and that the maximum federal grant per unit is $177,000, typically paired with up to $100,000 in state loan support. He also noted that the program can address homes before a child is poisoned if lead hazards are identified, but that cases involving an already exposed child are a higher priority. No votes or formal actions were taken.

Transcript Highlights:

• All right, Public school capital outlay oversight. Oops.
• Public school Capital Oversight Task Force. The house voting members will be.
• The Senate appointments for Public school Capital Outlay Oversight Task Force.
• Capital security. House appointments to Capitol Security myself.
• Capital. Security Subcommittee. I would like to add to that Representative Alan Martinez.

Transcript Highlights:

• another way that we can go beyond appropriate... corporations is to really tap the power of U.S. capital
• So building on the authority that you all created with the Office of Strategic Capital, there's opportunities
• ... to grow the scale of investments so private capital can make larger bets in investments.
• market rates, like the Department of Energy has, and builds off the what the Office of Strategic Capital
• is doing, that is how you get lots of money which is there, the private equity and venture capital money

Transcript Highlights:

• <00:48:07.480> grounds around the whole capital grounds around the whole capital grounds complex
• <00:48:28.960> grounds security outside of the capital grounds security outside of the capital
• Uh the scanners at the at the capital. Uh the scanners at the at the capital.
• these programs is that upfront capital these programs is that upfront capital cost.<01:11:10.760
• <01:11:57.040> is because of that high upfront capital is because of that high upfront capital

Keywords: 1183, house

Transcript Highlights:

• We don't have an angel tax credit so to speak to bring in new capital.
• We don't have an angel tax credit so to speak to bring in new capital.
• also operate with very little capital. also operate with very little capital.
• uh new capital. uh new capital.
• limited access to capital limited access to capital lack<00:45:56.840> of<00:45:57.000>

Keywords: 1187, senate, all

Transcript Highlights:

• In in our capital projects of clarity.
• <00:31:22.559> projects your request for these capital projects your request for these capital
• <00:58:24.319> construction funded from the capital construction funded from the capital construction
• That takes care of the construction cost, the capital stack for all those units.
• <01:22:23.360> stack construction cost um the capital stack construction cost um the capital

Keywords: 0:00:07 Call to Order and Roll Call 0:00:47 Approval of Minutes 0:01:05 Correspondence and Information Items 0:54:15 Lease Rpt from Postsecondary Institutions 0:56:19 Project Rpt from Finance and Administration Cabinet 1:08:46 Lease Rpt from Finance and Administration Cabinet 1:13:00 Rpt from Office of Financial Mgmt - KIA 1:20:00 Office of Financial Management 1:35:50 Adjournment, 958, all

Summary: The meeting began with routine business, including welcoming new committee member Senator Reginald Thomas, approving the minutes, and receiving a correspondence report on several information items. Those items included University of Kentucky research equipment funding, UK capital project funding using federal/private funds, debt issues from McGoffin County and Owen County school districts, lease modifications by the Division of Real Properties, asset preservation project revisions at Eastern Kentucky University and Northern Kentucky University, and Kentucky Communications Network Authority (KCNA) information on Kentucky Wired critical infrastructure. The main discussion focused on a dispute over the Kentucky Wired communication shelters, or “huts,” and related payments under KCNA’s agreement with Asellicom/Excel. Brad Kilby of Asellicom testified that KCNA had not paid for the huts, that Asellicom had not received the alleged $8 million or any later payment, and that Asellicom remained the legal owner. Committee members pressed him on whether payment had been received, whether anyone else might have received it, and whether the lawsuit or dispute resolution process clarified the issue. Kilby said no payment had been received and that the matter was part of ongoing litigation. KCNA Executive Director Doug Hendricks and General Counsel Adam Atkins then testified. They said a certified check for $8.5 million was mailed in July, based on the Finance and Administration Cabinet secretary’s determination that $8.5 million was due under the model procurement code, even though KCNA had initially requested about $12 million to cover a worst-case estimate. They said the contract allowed payment in full or in tranches, that the huts were completed and operational, and that KCNA had not received documentation supporting Asellicom’s higher $10.1 million claim. Members expressed frustration over the missing check and the broader implications for Kentucky Wired, and one member requested that the committee obtain all agency requests related to KCNA/Kentucky Wired since inception; the co-chairs said they would look into making that information available. No formal vote was taken on the dispute during the portion provided.

Transcript Highlights:

• investment, which amounted to 84% of all of our capital investment in Virginia. online<00:25:03.159>
• investment, which amounted to 84% of all of our capital investment in Virginia.
• <00:26:20.760> investment it was $24 billion in capital investment it was $24 billion in capital
• <00:26:25.399> investment<00:26:25.919> in 84% of all of our capital investment in
• 84% of all of our capital investment in Virginia<00:26:27.559> and<00:26:28.000> uh<00:

Keywords: 1187, senate, all

Transcript Highlights:

• We may also need some capital outlay to finish that up, as we mentioned.
• That's what we did, but we may still need some capital to finish that up.
• So we're going to see what we can do with capital outlay for...
• I think we kind of need a concise capital outlay plan that we can depend on.
• It was their first shot at getting capital.

Transcript Highlights:

• that the bill is very simple and is intended to add a reporting requirement for bonds through the capital
• obligation bonds, and KRS 45.812 requires that all bonds go through the reporting process through capital
• He said the bill simply adds that reporting requirement to capital oversight.
• oversight and uh this was Capital oversight and uh this was inadvertently<00:12:58.760> left<
• to the capital to the capital oversight<00:13:04.199> a<00:13:04.279> motion<00:13

Keywords: Meeting Start 00:00:00 Roll Call 00:00:10 HB 2 Discussion 00:01:00 HB 2 Vote 00:04:00 HB 544 Discussion 00:05:05 HB 544 Vote 00:06:15 HB 552 Discussion 00:07:00 HB 552 Vote 00:08:40 HB 605 Discussion 00:09:35 HB 605 Vote 00:11:35 HB 606 Discussion 00:12:10 HB 606 Vote 00:15:40 HB 695 Discussion 00:16:25 HB 695 Vote 00:34:05, 958, all

Summary: The Appropriations and Revenue Committee took up several House bills and committee substitutes. House Bill 2, as amended by Senate Committee Substitute 1, was described by Rep. T.J. Roberts as restoring a tax exemption enacted in 2024 by providing refunds with interest to those improperly taxed and creating a cause of action; the substitute also aligned state filing deadlines for certain flood-disaster counties with the federal November 15 deadline. The committee adopted the substitute and then passed the bill with favorable expression. The committee also adopted a title amendment for House Bill 544, which Rep. Jason Petrie said was part of the state’s flood-relief discussion and would allow the guard cap to be used over the biennium rather than annually, effectively increasing the cap from $50 million per year to $100 million over two years; the measure passed with favorable expression. House Bill 552, handled by Rep. Josh Bray after Rep. Kim King’s absence, was described as simplifying tourist commission appointments. The committee substitute added creation of the Kentucky-Ireland Trade Commission and changed marina licensing agreements by exempting private contractors from the model procurement code. The committee adopted the substitute, approved a title amendment, and passed the bill with favorable expression. House Bill 605, sponsored by Rep. Kim King, clarified which grants qualify for a grant program and allowed cities or counties to apply on behalf of water districts or other entities not directly affiliated with them; Rebecca Hearts of Grant Ready Kentucky said the program had matched $103 million of the $200 million allocation, generating about $469.98 million in total project value. The committee adopted the title amendment and passed the bill with favorable expression. House Bill 606, by Rep. Wade Williams, added a capital-oversight reporting requirement for school district general obligation bonds that had been omitted from prior legislation. The committee substitute also made several budget and program adjustments, including moving Regional Training Center funds, accelerating funding for the Grand Lyric Theater, correcting water funding language, removing Odyssey Inc. language from a treatment-related item, fixing a double appropriation to LifeWorks Transition Academy, clarifying carry-forward language, allowing SRO reimbursements for public and non-public schools, and authorizing an additional $10 million in agency bonds for Western Kentucky University athletic facilities. The committee adopted the substitute, approved a title amendment, and passed the bill with favorable expression. The committee then spent the most time on House Bill 695, a Medicaid-related bill. Rep. Adam Bowling said the bill was intended to stabilize Medicaid, create oversight and advisory mechanisms, and address growth in the program. Cabinet for Health and Family Services Secretary Eric Friedlander and Medicaid CFO Steve Beckle said they were generally supportive of the transparency and reporting changes but flagged risks, including federal compliance concerns, budget growth from changing the drug rebate treatment, administrative costs tied to MCO rebidding and a managed long-term services study, and some data-collection challenges. Representatives from the Kentucky Association of Healthcare Facilities opposed the section calling for a managed long-term care reimbursement study, arguing it would be costly, duplicative, and likely ineffective, and they warned against managed care models for long-term care. Despite the concerns, the committee adopted the committee substitute by voice vote and moved the bill forward with favorable expression.

Transcript Highlights:

• and have that deposited in the capital and have that deposited in the capital preservation<02:12
• This is for the capital Tour website. This is for the capital Tour website.
• Capital tour virtual school tours.
• >> Capital<02:26:48.720> preservation. >> Capital preservation.
• >> Capital preservation.

Keywords: 916, all